Poland raises rates to 5.25%

The National Bank of Poland's rate-setting monetary policy council opted to hike its benchmark reference rate by 25 basis points on Thursday.

Inflation rose to 4% in December, 1.5 percentage points above the central bank's 2.5% target and half a point above the upper limit of the target range.

The council said: "As in many other countries, increased inflation has been largely sustained by strong annual growth in food and fuel prices." Future inflation was, it said, set to remain above the upp

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: